WrestleMania 29 Was A Financial Success

By Damian Seeto

Image from mstarz.com

Although wrestling fans are divided about the quality of WrestleMania 29, news has come out that the event was still a mega success for the WWE.

WWE issued a press release last month that the PPV buy rate would exceed over 1 million buys. A more definite number has come out and it has been reported that the PPV earned over 750,000 buys in North America alone. Usually the international buy rate for WrestleMania each year is 400,000 buys. Going by that logic, WrestleMania 29 could have an estimated buy rate of around 1,115,000 buys.

The overall estimated gross for the event came in at $72 million. This is an increase of $5 million from the year before. This is thanks to an increase in ticket prices and PPV orders, too. PPV orders increased by $5 this year in North America while front row tickets increased by a whopping $500.

It’s because of all this money that WWE has never staged a WrestleMania inside of a small arena ever again. Many people thought the company would keep tradition by holding WrestleMania XXX at Madison Square Garden in New York. This wouldn’t have worked out since Madison Square Garden only holds a maximum of around 20,000 people.

The company has held WrestleMania events in huge football stadiums ever since 2007 and has never looked back. WrestleMania XXX will be held next year at New Orleans’ Superdome. This stadium holds a capacity of well over 70,000 people. The WWE could get nearly 80,000 people in the stadium since a wrestling ring is much smaller than a football field.